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Is a joint mortgage needed for joint ownership?

Not necisarily. If you are married and the house was bought after the marriage then no. If you are married and the house was bought before the marriage and the person that did not originaly buy the house made one payment on it or you had a joint account that the payments came out of, then they are half owner. If you are just living together with no marriage, then the house it the person's that bought it, but you have to be carful of common law marriage.


What companies have the right to buy mortgages?

Some of the companies that have bought and sold rights to a mortgage include Thornburg Mortgage, Luminent Mortgage Capital and The Blackstone Group. American Equity Funding has also bought and sold many mortgage rights.


What does the average American mortgage payment?

the average mortgage payment is around $1400.00 a month. believe it or not when i bought my house in 1972 my mortgage was $143.75 a month


How long do I have to wait after buying a house before I can rent it out?

The time you have to wait before renting out a house you've bought can vary depending on your mortgage agreement. Some lenders may require you to live in the house for a certain period, typically 12 months, before renting it out. It's important to check your mortgage terms and conditions to ensure compliance.


How much money will I save if I refinance?

You may not save anything. It depends on what you're refinancing from and to, whether the value of your house has fallen since you bought it, and your current credit situation.

Related Questions

Is a joint mortgage needed for joint ownership?

Not necisarily. If you are married and the house was bought after the marriage then no. If you are married and the house was bought before the marriage and the person that did not originaly buy the house made one payment on it or you had a joint account that the payments came out of, then they are half owner. If you are just living together with no marriage, then the house it the person's that bought it, but you have to be carful of common law marriage.


In a Texas divorce can she get your house if you bought it before the marriage?

If you bought the house before the marriage it would still be considered your separate property, however, she could probably recover her contribution to the equity.


How do you get your spouse out of the house If he is not on the deed or loan. The house was bought before marriage?

Get a restraining order.


If your wife bought a car before your marriage and now it is repossessed are you liable?

If it isn't in your name it shouldn't be.


What companies have the right to buy mortgages?

Some of the companies that have bought and sold rights to a mortgage include Thornburg Mortgage, Luminent Mortgage Capital and The Blackstone Group. American Equity Funding has also bought and sold many mortgage rights.


What are the requirements for one to get Ameriquest Mortgage?

Ameriquest Mortgage has been bought out by Citigroup. The requirements for a mortgage through Citigroup are household income, duration of mortgage, and credit score.


What does the average American mortgage payment?

the average mortgage payment is around $1400.00 a month. believe it or not when i bought my house in 1972 my mortgage was $143.75 a month


How long do I have to wait after buying a house before I can rent it out?

The time you have to wait before renting out a house you've bought can vary depending on your mortgage agreement. Some lenders may require you to live in the house for a certain period, typically 12 months, before renting it out. It's important to check your mortgage terms and conditions to ensure compliance.


What is a seller held mortgage?

It means that the person from whom you bought the property is personally supplying the mortgage financing themselves. (i.e.: they are supplying the financing and not some mortgage company or bank.)


Can a property bought before marriage with a brother be protected if a divorce were to happen all expenses and loan payments were paid by the two brothers?

If you get a written agreement.


Can a married woman retake property that her husband bought and then gave away after they were married?

Was this property bought before or after marriage? Either way, if you are married and want to sell real estate or a car or such, both spouses have to sign their consent to the transaction. So if your husband sold something behind your back, you might have a case. If it was bought before that, there's room for argument.


If husband bought car before you were married can they make you pay it off if it is sold by bank and not enough funds to pay off loan?

Your HUSBAND will have to pay the loan deficiency. HOWEVER - if the car was bought before marriage and your name is not on the title OR the loan papers, they cannot make YOU pay any part of it.